2012 HNL to TND Historical Review

YEARLY HIGH

0.0857 TND

YEARLY LOW

0.0777 TND

YEARLY AVERAGE

0.0809 TND

2012 HNL to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the HNL to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 0.0857. Conversely, the yearly low was recorded on December 27, dropping to 0.0777.

This high-to-low spread represents a total annual volatility of 0.0080 TND. From a start-to-finish perspective, comparing the January average rate of 0.0794 to the December average rate of 0.0787, the exchange rate registered a net change of -0.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0857 was up 8.34% compared to the 2011 peak of 0.0791, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 HNL based on timing:

Yearly Peak High 429 TND

2011 Average 372 TND

Yearly Trough Low 389 TND

Transaction Impact: A difference of 40.04 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0856

0.0781

JanuMarcMayJulySeptNove

HNL to TND Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0807, compared to 0.0811 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0807

H2 Avg (Jul–Dec) 0.0811

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0040 TND (High: 0.0847 / Low: 0.0807). On the other end, November was the most stable month, with a tight range of 0.0011 TND (High: 0.0806 / Low: 0.0795).

May Spread (Volatile) ±0.0040

November Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0025 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 0.0849) against the same month in 2011 (average: 0.0729), the exchange rate shifted by +0.0120 (+16.50%).

2012 Avg (July) 0.0849

2011 Avg (July) 0.0729

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0803	0.0786	0.0794
February	0.0796	0.0781	0.0787
March	0.0798	0.0786	0.0792
April	0.0808	0.0788	0.0800
May	0.0847	0.0807	0.0826
June	0.0850	0.0829	0.0840
July	0.0857	0.0831	0.0849
August	0.0848	0.0815	0.0828
September	0.0818	0.0792	0.0804
October	0.0803	0.0791	0.0796
November	0.0806	0.0795	0.0801
December	0.0796	0.0777	0.0787